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Vitage Clothing Limited

08231027

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 TRAFALGAR BUSINESS PARK BROUGHTON LANE, MANCHESTER, M8 9TZ
Incorporated 27/09/2012

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

46420
Wholesale of clothing and footwear
47190
Other retail sale in non-specialised stores

Officers

Mr Muhammad Ahsan

director · Since 27/09/2012

CLOTHING RETAIL

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Muhammad Ahsan

75–100% shares

British · England · Age 46

Unit 1 Trafalgar Business Park, Broughton Lane, Manchester, M8 9TZ

Notified 30/12/2016

CompanyRankvs 317+ SIC 46420 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Page 4 continued... Vitage Clothing Limited (Registered number: 08231027) Notes to the Financial Statements - continued for the Year Ended 30 September 2024 2. ACCOUNTING POLICIES - continued Going concern The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements

Key FinancialsYear ending 30/09/2024

Net Worth

£626k

Balance sheet strength

Cash

£440k

Cash in the bank

Net Current Assets

£616k

Working capital

Current Assets

£1.2M

Current Liabilities

£616k

Fixed Assets

£14k

Debtors

£227k

9avg. employees

Balance Sheet

Assets less current liabilities£630k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£48k
20232.37+£16k
20212.11+£98k
20201.76
20192.03
20182.04

Derived from filed accounts. Not audited figures.